Hello btctalk.i am in this cryptoworld since from many months but i never seen this much deep of btc so i have some questions related to it.
1) why bitcoin price gone this much down?
2)why bitcoin price fluctuate too much?
3)which features affect on the fluctuations of price of btc?
4)Is bitcoin price affect on altcoins? If yes then which altcoins price get affected by it ànd which are not?
5)when we should see the price increament in BTC?
1. the decrease in price is normal when it comes to unregulated market. with time the market will recover.
2. there are many external things which facilitate this. one of the key things include the regulations which are being formulated by various governments. the whales also play a crucial role when it comes to the rates.
4. most of the coins get affected by BTC because most of them are tied to BTC. am not sure if this will stop anytime soon.